Twitter Sued for Nonpayment of Rent on San Francisco Office
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Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#2Is the calculation just that the cost of litigation will be less than the full contract lease? I don’t understand how that could work.
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#3Luckily they don't need an office with their great remote work policy. Oh... wait.
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#4Is the calculation just that the cost of litigation will be less than the full contract lease? I don’t understand how that could work.
Musk probably fired the guy in charge of paying rent
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#5Is the calculation just that the cost of litigation will be less than the full contract lease? I don’t understand how that could work.
Twitter could just declare bankruptcy and restructure.
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#6it should be easy to recapitalize Twitter using sales of Tesla stock, so I cant believe its an actual shortage of cash. Probably trying to game the litigation cycle and pay at the very last minute? But to what end, it seems like a doomed game to play, you either have money coming in or you dont.
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#7Is the calculation just that the cost of litigation will be less than the full contract lease? I don’t understand how that could work.
Twitter could just declare bankruptcy and restructure.
I agree this is where things are headed. Is it a sure thing that Elon maintains control in a restructuring?
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#8it should be easy to recapitalize Twitter using sales of Tesla stock, so I cant believe its an actual shortage of cash. Probably trying to game the litigation cycle and pay at the very last minute? But to what end, it seems like a doomed game to play, you either have money coming in or you dont.
With a fraction of the people, they must only need a fraction of the space. Maybe it's some tactic to renegotiate the lease? Though that seems unlikely to work out.
Re: Twitter Sued for Nonpayment of Rent on San Francisco Office
#9"Twitter, which doesn’t have a media department, didn’t respond to a request for comment."